Gate adds nine stock CFDs with 4x leverage and launches 900,000 USDT campaign

Gate CFD listed nine stock CFDs on June 30 with fixed 4x leverage and a July 9-ending incentive program, while Gate separately said it will launch nine USDT-settled stock perpetual contracts on July 2 with 1-20x leverage.

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Summary

Gate CFD said it has listed nine stock CFDs - UVXY, SONY, EWZ, DKNG, RDDT, ONDS, KBHLD, KBLAM and POPMART - each with fixed 4x leverage, and is promoting the launch through a campaign running from June 30 at 16:00 to July 9 at 16:00 (UTC+8). Eligible users who register and complete tasks can receive 300 USDT and share a 900,000 USDT prize pool, with the announcement saying individuals can receive up to 31,300 USDT by trading the newly listed assets. Separately, Gate said its stock futures zone will launch nine USDT-settled stock perpetual contracts on July 2 at 14:00 UTC+8 - NKE, MAR, MUU, XLU, CCL, BUD, FOXA, CMCSA and ABNB - with 1-20x leverage.

Terms & Concepts
  • CFD: Contract for difference, a leveraged product tracking price moves without owning the underlying asset.
  • perpetual futures: Derivatives contracts with no expiry date.
  • USDT-settled: Profits and losses on the contracts are paid in USDT.